Reporting and analysis on retail, e-commerce, and consumer trends in Japan, updated continuously by our newsroom.
Uniqlo’s parent, Fast Retailing, has acquired a 35 per cent stake in Hanoi-based women’s fashion brand Elise. Elise, which has more than 100 stores across the country, is said to have received tens of millions of dollars from the deal – a figure much higher…
Japan’s Honda Motor said Tuesday it was raising annual forecasts after first-half profits rose over 19 percent on motorcycles sales in Asia. Japan’s third largest automaker now expects net profit to reach 675 billion yen ($6 billion) for the fiscal year…
Japanese cafe chain % Coffee is preparing to launch new locations in China and Hong Kong. The business is planning to open its fourth Hong Kong store at Monster Mansion in the middle of next month, its 27th location worldwide. Meanwhile, the franchise’s head…
The Shibuya Apple store in Tokyo has reopened today with striking modern styling, coinciding with the release of the iPhone XR. The new four-storey design features dramatic natural lighting and a new spiral staircase, described as “stunning” by local media.…
Japanese jeweller Kataoka has opened its first store in the US. In stark contrast with the firm’s 700sqft shop in Tokyo, the new 1600sqft New York flagship has been located in the trendy Tribeca neighbourhood to reflect Kataoka’s brand identity with its…
Moody’s Investors Service expects stronger competition for the Asia Pacific (APAC) telecommunications sector and stronger commoditisation, and slower revenue growth for companies across 11 markets in the region, including Malaysia. The other markets are Hong…
UNIQLO announced that it will launch the new UNIQLO and ALEXANDER WANG collaboration line in 20 countries and regions around the world on 9 November. In Singapore, the collection will first launch online at UNIQLO.com on 8 November and it will be available in…
New-age airline Vietjet and Japan Airlines (JAL) has announced that both carriers` will begin sales of their codeshare flights starting Tuesday, 23 October 2018. This follows a formal partnership agreement between both parties in 2017, in which Vietjet and…
Nestle Japan has opened a permanent made-to-order Kit Kat store in Osaka. The new specialty store is the first and only permanent location in Japan where personalised Kit Kats can be made. It offers customised creations chilled on-the-spot with liquid…
A Japanese railway network operator is testing an unmanned store in a Tokyo railway station. The store will use artificial intelligence in place of cashiers to transact with customers in a trial expected to last about two months. The venture was opened by…
Danish toy producer Lego has opened a store in Yokohama Landmark Plaza this week, introducing “Lego Mosaic Maker” to Japan. One of only five in the world, the Lego Mosaic Maker is a machine that can reproduce your face in mosaic feature with Lego blocks.…
Taiwanese bookstore chain Eslite is planning to expand into Japan. The prominent bookstore business is using the move to build its international profile, and has announced its plans as amounting to a “new starting point for cross-culture ventures”. Eslite’s…
Japan’s Softbank and automaker Toyota announced plans to form a joint venture by April 2019 to provide launch Mobility-as-a-Service (MaaS) in the country. The company, called Monet Technologies, will combine Toyota’s mobility services platform and information…
Malaysia is in discussions with the Japanese government for an Asian aircraft project, which is still at the ideation stage, with Malaysia looking at possibly supplying components. Entrepreneur Development Minister Datuk Seri Mohd Redzuan Yusof said the idea,…
German fashion label Jil Sander has introduced a new store format in Tokyo. The Onward Luxury Group-owned brand has inaugurated the new 268sqm flagship in the fashionable Omotesando district with a redesigned interiors concept that will be used to revamp the…
Uniqlo parent Fast Retailing has reported a record full-year profit, due to strong growth in Asia and lessening losses in the US. And the company says current year performance to date suggests even better results lie ahead. Fast Retailing profit rose 34 per…
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